Page 18 - Market Technicals

TVS Motor may soon cross Rs 1,000-mark; chart strongly in favour of bulls

In the past, the stock had soared up to 7-fold on two instances, a similar trend seems to be playing on the long-term charts currently.

Ahead of Q1 results: Sell-off in IT stocks not over yet; TCS can fall 14%

Shares of major IT stocks are trading near key support levels, if that breaks a severe downside seems imminent, indicate charts.

Petrol export duty: Will RIL shares fall more after Friday's 9% slide?

The bias for Reliance remains positive, with strong support seen at the 50-WMA, below which the next significant support is at Rs 2,350.

Consider buying India Cements, 3M India on dips, recommends Mehul Kothari

According to the technical analyst from Anand Rathi, India Cements can be bought closer to Rs 155 and 3M India should be bought near Rs 21,800.

ITC, Sun Pharma: 5 defensive stocks that may gain up to 25%. You own any?

Pharma stocks like Torrent Pharmaceuticals, Sun Pharmaceutical Industries, and Cipla can easily run up to 18 per cent

Trent, DMart: Retail stocks resilient amid market volatility; time to buy?

Shoppers Stop is expected to rise 15 per cent, while Avenue Supermarts, may decline on breakdown of support.

Bias for MCX Crude Oil seems positive, Natural Gas may remain volatile

The key support levels for the MCX Crude Oil and Natural Gas futures for the remainder of the week are Rs 8,545 and Rs 502.30, respectively.

Here's why Vinay Rajani recommends buying Timken India, Ashok Leyland

The technical analyst from HDFC Securities recommends going long on the Nifty with a stop at 15,500.

Mehul Kothari recommends this strategy on Bajaj Finserv and LTTS

According to the technical analyst from Anand Rathi, Bajaj Finserve should be bought on rise above Rs 12,000, while one should consider buying LTTS on dips near Rs 3,000-mark.

Major hurdle for Gold seen at Rs 51,300; Silver awaits decisive move

Gold futures need to break above Rs 51,300 for fresh gains to emerge, on the downside break of Rs 50,300 can trigger a slide to Rs 49,400-odd level.

Two-wheelers in focus: Hero Moto, Bajaj Auto await breakout for fresh rally

Hero MotoCorp, Bajaj Auto and Eicher Motors need to cross their significant hurdles with aggressive volume for further gains to emerge.

Planning to reshuffle your portfolio? These 5 stocks may pump up gains

ITC, Varun Beverages, TVS Motor Company, Coromandel International and Hindustan Aeronautics can rally up to 25 per cent, technical charts suggest

Mehul Kothari recommends buying ITC

According to the technical analyst from Anand Rathi, ITC can rally to Rs 285.

F&O Strategy: Four reasons why Nandish Shah recommends buying Indian Hotel

The technical analyst from HDFC Securities recommends buying Indian Hotel June future for a target of Rs 232.

Macrotech, Brigade Ent: Bet on these stks to benefit from real estate boom

Among other real-estate stocks, Indiabulls Real Estate remains in the bear trap, while Sobha and Godrej Properties were seen struggling to make a come back.

Here's why Vinay Rajani of HDFC Securities is bullish on MphasiS, Sobha

The technical analyst sees Nifty support moving higher to 15,400, and resistances for the NSE benchmark at 15,750, 15,883 and 16,150.

F&O Strategy: Nandish Shah recommends Bear Spread strategy on DLF

The technical analyst from HDFC Securities recommends buying DLF June 300 Put and simultaneously selling 280 Put.

Nifty may turn bullish once it crosses 15,858, says Vinay Rajani

The technical analyst from HDFC Securities recommends buying Birla Soft and ABB India for near term gains.

Here's why Mehul Kothari recommends buying Coforge, UPL

According to the technical analyst from Anand Rathi, UPL has formed a Bullish Bat pattern and can rally up to Rs 775.

Tree House Education, Ansal Housing, MRPL: Strategies for buzzing stocks

Is there more steam left in these counters, or is it time to take money off the table? Here's what technical charts suggest.